Home Procurement NewsMeta Challenges OpenAI’s Shift to For-Profit Status, Calls for Legal Intervention

Meta Challenges OpenAI’s Shift to For-Profit Status, Calls for Legal Intervention

December 16, 2024•

Meta has raised concerns about OpenAI’s plan to transition from a non-profit organization to a for-profit business, urging California Attorney General Rob Bonta to block the move. In a letter, Meta argued that such a change could have wide-reaching effects on Silicon Valley, as it would allow non-profit investors to enjoy similar financial rewards as […]

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Last modified: December 16, 2024

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